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Turkey's Central Bank published information on the housing cost index for March 2025 results

  • 16.05.2025
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Turkey's Central Bank published information on the housing cost index for March 2025 results

In sum, the average price of Turkish real estate is currently equivalent to 14.2 years of work with regular receipt of the established minimum wage, as noted by analysts. The figure was calculated based on the level of the minimum wage as of March 2025.

The Turkish Central Bank (CBRT) presented information on the House Price Index (HPI) for March 2025, which rose 2.8% in February 2025 compared to January and 31.3% in nominal terms compared to the same month last year.

Nearly half of the state's population prefers 3+1 format apartments, whether owned or rented. However, due to rising prices, buyers are increasingly opting for more compact housing options. This opens up additional opportunities for those looking for ways to invest in real estate.

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